Bank of America Corp (BAC)
35.68
+0.45
(+1.28%)
USD |
NYSE |
Apr 18, 09:58
Bank of America Profit Margin (Quarterly): 25.85% for March 31, 2024
Profit Margin (Quarterly) Chart
Historical Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| March 31, 2024 | 25.85% |
| December 31, 2023 | 14.32% |
| September 30, 2023 | 31.00% |
| June 30, 2023 | 29.40% |
| March 31, 2023 | 31.08% |
| December 31, 2022 | 29.07% |
| September 30, 2022 | 28.90% |
| June 30, 2022 | 27.53% |
| March 31, 2022 | 30.42% |
| December 31, 2021 | 31.79% |
| September 30, 2021 | 33.78% |
| June 30, 2021 | 42.97% |
| March 31, 2021 | 35.27% |
| December 31, 2020 | 27.22% |
| September 30, 2020 | 24.00% |
| June 30, 2020 | 15.82% |
| March 31, 2020 | 17.61% |
| December 31, 2019 | 31.29% |
| September 30, 2019 | 25.33% |
| June 30, 2019 | 31.83% |
| March 31, 2019 | 31.78% |
| December 31, 2018 | 32.09% |
| September 30, 2018 | 31.54% |
| June 30, 2018 | 30.09% |
| March 31, 2018 | 29.99% |
| Date | Value |
|---|---|
| December 31, 2017 | 11.70% |
| September 30, 2017 | 24.84% |
| June 30, 2017 | 22.37% |
| March 31, 2017 | 23.99% |
| December 31, 2016 | 23.07% |
| September 30, 2016 | 22.90% |
| June 30, 2016 | 22.47% |
| March 31, 2016 | 16.70% |
| December 31, 2015 | 17.12% |
| September 30, 2015 | 22.00% |
| June 30, 2015 | 23.38% |
| March 31, 2015 | 14.81% |
| December 31, 2014 | 17.36% |
| September 30, 2014 | -1.09% |
| June 30, 2014 | 10.71% |
| March 31, 2014 | -1.27% |
| December 31, 2013 | 16.37% |
| September 30, 2013 | 12.27% |
| June 30, 2013 | 18.20% |
| March 31, 2013 | 6.55% |
| December 31, 2012 | 4.08% |
| September 30, 2012 | 1.68% |
| June 30, 2012 | 11.40% |
| March 31, 2012 | 3.04% |
| December 31, 2011 | 11.50% |
Profit Margin Definition
Profit Margin is calculated using Net Income/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into profit. An analyst looking at profit margin might look for a higher profit margin relative to other comparable companies as well as a profit margin that is growing.
Profit Margin (Quarterly) Range, Past 5 Years
14.32%
Minimum
Dec 2023
42.97%
Maximum
Jun 2021
28.23%
Average
29.24%
Median
Profit Margin (Quarterly) Benchmarks
| Citigroup Inc | 15.98% |
| JPMorgan Chase & Co | 32.06% |
| PNC Financial Services Group Inc | 25.85% |
| Wells Fargo & Co | 22.14% |
| U.S. Bancorp | 12.58% |
Profit Margin (Quarterly) Related Metrics
| Return on Equity | 8.72% |
| Return on Assets | 0.79% |
| Return on Invested Capital | 4.03% |
| Return on Net Operating Assets | 12.44% |